The Influence of Artificial Intelligence on Employment Trends in the United States (US)

Abstract

This paper examines the Influence of Artificial Intelligence on Employment Trends in the United States (US). The rapid development of AI technology is creating significant disruptions in traditional labor markets, leading to concerns about unemployment and inequality. The paper highlights the importance of understanding the effects of AI on the labor market and the need for proactive steps to address any negative impact as well as the policy options available to address these challenges, including retraining and education programs, regulation of AI use, and tax policies. It also considers the potential costs and benefits of these options and the stakeholders who are impacted by them. This paper recommends investing in education and training programs for workers, creating tax incentives for affected communities, promoting research and development of AI technologies that complement human workers, and implementing policies to promote the responsible use of AI. The paper also discusses bureaucratic barriers to participation that may hinder effective implementation of these recommendations. Finally, it recommends a combination of retraining and education programs and tax policies to promote investment in new technologies and job creation.